AI in Computer Vision Market - Databook 2025 to 2034

The global AI in computer vision market size was estimated at USD 22.94 billion in 2024 and is projected to be worth around USD 314.51 billion by 2034, growing at a CAGR of 29.92% from 2025 to 2034.

Highlights of the AI in Computer Vision Market

• By component, the software segment held a dominant presence in the market in 2024.
• By component, the hardware segment is expected to grow at the fastest rate in the market during the forecast period of 2025 to 2034.
• By application, the non-industrial segment accounted for a considerable share of the market in 2024.
• By application, the industrial segment is projected to experience the highest growth rate in the market between 2025 and 2034.
• By function, the training segment led the market.
• By function, the interference segment is set to experience the fastest rate of market growth from 2025 to 2034.
• By end-use, the consumer electronics segment registered its dominance over the market in 2024.
• By end-use, the automotive segment is anticipated to grow with the highest CAGR in the market during the studied years.
• North America dominated the global AI in computer vision market in 2024.
• Asia Pacific is anticipated to grow at the fastest rate in the market during the forecast period.

Industry Valuation and Growth Rate Projection

AI in computer vision allows computers to interpret and analyze the visual world, simulating the way humans see and understand their environment. It applies machine learning models to identify and classify objects in digital images and videos, then lets computers react to what they see. AI algorithms can analyze scans like X-rays or MRIs to detect abnormalities accurately, aiding in early diagnosis and treatment planning. Computer vision systems use AI technology to mimic the capabilities of the human brain that are responsible for object recognition and object classification. The AI in computer vision market growth is driven by an increase in the edge computing integration, growing need for quality control & automation, and an increase in the amount of visual data.

AI in Computer Vision: Stats and Figures

• According to a report published in March 2025, 80% of hospitals now use AI to improve patient care and workflow efficiency. 46% of U.S. healthcare organizations are in the early stages of Generative AI implementation.

How has AI Benefited the Computer Vision Market?

AI benefits for computer vision include facial recognition, a broad range of interface types, usage of safety equipment, segmentation, quality control, pose estimation, object tracking, object detection, image classification, defect reduction, decision making, advanced capabilities, increased efficiency, cost savings, improved safety, automation, and accuracy. AI in computer vision allows robots to view and process their surroundings. Robots can then perform tasks like sorting packages, arranging parts on an assembly line, and keeping track of inventory. This enables companies to implement robotic process automation across their operations.

Industry Leader Announcements

• Oliver Vietze, CEO and Chairman of the Baumer Group, headquartered in Switzerland

Oliver Vietze, CEO and Chairman of the Baumer Group, headquartered in Switzerland, stated, “As a trusted sensor solutions partner, Baumer strives to maintain very close connections with customers through its global presence. With the opening of our own representation in Mexico, we will be even closer to our local and global customers as their partner of choice.”

• Carl Gerst, Executive Vice President of Vision and ID Products at Cognex

Carl Gerst, Executive Vice President of Vision and ID Products at Cognex, said, “OneVision is the result of nearly a decade of industrial AI innovation at Cognex. By combining our advanced AI technology with excellent customer experience, we continue to unlock new possibilities for our customers.” “We are simplifying the entire application development process; helping our customers move faster, scale more efficiently, and maximize the value of their automation investments.”

Geographical Insights

North America dominated the global AI in computer vision market in 2024. Rise in the edge computing integration, growing need for quality control & automation, increase in the amount of visual data, and rapid advancements in AI algorithms & deep learning are driving the growth of the market in North America.

Asia Pacific is anticipated to grow at the fastest rate in the market during the forecast period. Increasing investment in AI startups, growth of autonomous vehicles, healthcare innovation, increasing demand for automation, and advancements in artificial intelligence (AI) & machine learning (ML) are contributing to the growth of the AI in computer vision market.

Recent Developments in the AI in Computer Vision Market

• In June 2025, a computer vision AI-powered loss prevention solution was launched by Trigo Vision Ltd., a leading provider of computer vision AI technology.
• In May 2025, AmniSphere, a breakthrough in Computer Vision AI Accessibility, was launched by Amniscient.

Competitive Landscape

• Company Name: Baummer
• Year of Incorporation: 2007
• Headquarters: Frauenfeld (Switzerland)

About 19 countries where it operates. It operates in the feeder technology, robotics, pharmaceutical, metal & steel, railway, packaging, food & beverage, mobile machines, and intralogistics sectors around the world.

• Company Name: Cognex Corporation
• Year of Incorporation: 1981
• Headquarters: Natick, Massachusetts, USA

It operates in over 20 countries. It operates in the life sciences, logistics, pharmaceuticals, food & beverage, automotive, and electronics sectors, around the world.